Mutual of Omaha Simplified Issue Underwriting Guide

Carrier: Mutual of Omaha (United of Omaha Life Insurance Company)

Guide: Simplified Issue Life Insurance Underwriting Guide — Term and Permanent Products

Guide Version: Updated April 2026

Products: Living Promise Whole Life, Term Life Express (TLE), IUL Express (IULE), and Children’s Whole Life where noted

Product Types: Simplified whole life, simplified term life, simplified indexed universal life

Target Market: Final expense, income replacement, business insurance, charitable giving through Living Promise, and permanent coverage through IUL Express or conversion options

Product Name and Carrier
This guide covers simplified issue life insurance products underwritten by United of Omaha Life Insurance Company, including:

• Living Promise Whole Life

• Term Life Express (TLE)

• IUL Express (IULE)

• Children’s Whole Life (included in some application, ownership, and combined coverage rules)

Issue Ages and Face Amounts
Each product has distinct age and coverage guidelines:

• Term Life Express (TLE) and IUL Express (IULE):

  • Ages 18–50: $25,000 to $550,000

  • Ages 51–60: $25,000 to $450,000

  • Ages 61–75: $25,000 to $350,000

• Living Promise Whole Life:

  • Level Benefit: Ages 45–85; $2,000 to $50,000

  • Graded Benefit: Ages 45–80; $2,000 to $20,000

  • Issue ages and face amounts may vary by state.

Available Terms and Plan Types

• Term Life Express: Simplified term life coverage

• IUL Express: Indexed universal life with simplified underwriting

• Living Promise: Whole life coverage with Level Benefit and Graded Benefit plans

• Children’s Whole Life: Separate policies may be issued for multiple children on one application

Underwriting Requirements for Simplified Issue Policies

• Term Life Express / IUL Express:

  • Simplified underwriting

  • Build chart

  • MIB

  • Pharmaceutical check

  • Medical data check

  • MVR mandatory for ages 18–35

  • MVR as needed for ages 36–50

  • Phone interview as needed

• Living Promise:

  • Simplified underwriting

  • Build chart

  • MIB

  • Pharmaceutical check

  • Medical data check

  • MVR as needed

  • Random phone interview

If an individual has a previous offer from United of Omaha Life Insurance Company with a risk class greater than Table 4, or has been declined, that person will not qualify for Express products.

Additional notes: Phone interviews may be recorded and relied upon as part of risk analysis. Medical questionnaires and/or an occasional APS may also be requested at the underwriter’s discretion.

Non-Smoker / Non-Nicotine Qualifications
To qualify for non-nicotine rates, the proposed insured must not have used tobacco or nicotine products in any form within the prior 12 months.

• No tobacco or nicotine products in any form within the prior 12 months

• Marijuana use may be allowable for non-tobacco rates

• Blood pressure treatment allowable

• No hospitalization for high blood pressure in the past 5 years

• No alcohol or drug use, treatment, or convictions in the past 10 years

• No DWI, DUI, or reckless driving convictions in the last 5 years

• No convictions of 4 or more moving violations

• No participation in any hazardous occupation, avocation, sport, or aviation exposure

• Build must fit the simplified issue underwriting build chart

• There must not be any other significant health problems

Occasional cigar use does not qualify for non-tobacco rates on simplified issue products. Final risk determination is made by the home office underwriter. Timeframes may vary by state and are referenced on the application.

Build Chart
The underwriting build chart includes minimum and maximum weight limits by height for TLE, IULE, Living Promise, and the DI Rider. Use the chart below to determine eligibility.

Multiple Impairments for Term Life Express and IUL Express
Multiple impairments resulting in a rating greater than Table 4 will be declined for Express products. Examples include:

• Diabetes over age 45 with Table 2 or higher build — Decline

• Diabetes over age 45 with tobacco or nicotine use — Decline

• Diabetes over age 45 with Peripheral Vascular Disease (PVD) — Decline

• Diabetes with any complications — Decline

• Table 2 or higher build with hypertension — Decline

• Table 2 or higher build with asthma and tobacco or nicotine use — Decline

• Table 2 or higher build with Peripheral Vascular Disease (PVD) — Decline

Note: This is not a complete list. For California and the Virgin Islands, the reference age is 50 instead of 45.

Common Impairments for All Products
The following are examples of impairments that may result in an adjusted benefit or decline. This is a guide and not an all-inclusive list.

• Abnormal/Irregular Heart Rhythm

• Alcohol or drug treatment history

• ALS / Lou Gehrig’s Disease

• Amputation caused by disease

• Asthma (chronic or severe)

• Bipolar disorder, schizophrenia, major depression

• Cardiomyopathy

• Cerebral Palsy

• Chronic Kidney Disease

• Congestive Heart Failure (CHF)

• Crohn’s Disease / Ulcerative Colitis

• Coronary disease including heart attack or heart surgery

• COPD including chronic bronchitis, emphysema, or cystic fibrosis

• Cancer

• Defibrillator

• Diabetes (prior to specified age)

• Diabetes with complications including retinopathy, nephropathy, neuropathy

• Heart disease or surgery

• Hepatitis B or C

• Hodgkin’s Disease

• Liver Disease including cirrhosis

• Leukemia

• Lymphoma

• Melanoma

• Mental incapacity

• Metastatic cancer or recurrent cancer

• Neurological disorders including muscular dystrophy, multiple sclerosis, and Parkinson’s Disease

• Pacemaker

• Pancreatitis (chronic or alcohol related)

• Paralysis

• Organ or bone marrow transplants

• Peripheral Vascular Disease (PVD or PAD)

• Renal insufficiency / failure

• Rheumatoid Arthritis (moderate or severe)

• Scleroderma

• Sickle Cell Anemia

• Stroke or mini stroke (TIA)

• Systemic Lupus

Automated Underwriting
Mutual of Omaha offers Automated Underwriting on the e-Applications for Living Promise, Term Life Express, and IUL Express.

• Possible outcomes: Approved, Referred to Underwriting, or Declined

• Use the same iGO e-App through Sales Professional Access

• Available on desktop, laptop, or mobile device

• Useful contacts:

  • Underwriting Support: 1-800-775-7896

  • iGO e-App Support: 1-800-641-6557

  • Sales Support: 1-800-693-6083

Completing Simplified Issue Applications

General Guidelines

• Select the appropriate state application and forms based on the state where the application will be signed by the policy owner

• Add current medications, reasons for use, and supplemental information in the Optional Comments section

• Kansas residents require the producer to be licensed and appointed in Kansas and in the state where the application is signed

• The Producer Report must be completed and sent with each Term Life Express, IUL Express, and Living Promise application

Term Life Express or IUL Express Applications

• Only one base policy can be applied for per application

• Complete all sections including plan, amount, riders, payment mode, and premium

• Select the product name and amount of insurance applied for

• A signed illustration is required for all IUL Express policies

• IUL Allocation Form is required if applying for IUL Express and not using Easy Solve

• Disability Supplemental Application is required for the Disability Benefits Rider

• Children’s Rider Supplemental Application is required for the Children’s Rider

• Complete the Monthly Bank Withdrawal Form if applicable

• All changes should be initialed by the Applicant/Owner

• Always submit the Producer Statement and provide the client with MIB Group Inc. Pre-Notice, Notice of Information Practices, and Life Insurance Buyer’s Guide

• A signed Accelerated Death Benefit Disclosure Form is required

• Complete the Conditional Receipt Form only if the initial premium was collected

• Have the client sign state replacement forms if applicable

• If a financial institution receives compensation, the Financial Institution Consumer Disclosure must be signed

Living Promise Applications

• Only one base policy can be applied for per application

• Complete all sections including plan, amount, ADB rider if applicable, payment mode, and premium

• If the proposed insured answers “YES” to any Part One underwriting question, that person may not be eligible for coverage under the application

• If the proposed insured answers “YES” to any Part Two underwriting question, that person is eligible only for the Graded Benefit Product

• If all underwriting questions are answered “NO,” the applicant is eligible for the Level Benefit Product

• Complete the Conditional Receipt Form only if the initial premium was collected

• Have the client sign state replacement forms if applicable

• Always submit the Producer Statement and provide the client with MIB Group Inc. Pre-Notice, Notice of Information Practices, and Life Insurance Buyer’s Guide

Children’s Whole Life Applications

• Multiple children, up to 8, can be written on one application

• Each child will be issued a separate policy

• Grandparents can sign the application without a parent’s signature

• No conditional receipt is required

Conditional Receipts

• Kansas uses a Temporary Insurance Agreement (TIA) instead of a conditional receipt

• The conditional receipt does not apply to Children’s Whole Life

• A check or electronic payment authorization for the full initial modal premium must be submitted with the application

• No conditional coverage is provided if a completed conditional receipt is not submitted with the application

• All required medical examinations must be completed within 60 days of the application date

• The applicant must qualify for the exact policy applied for under underwriting rules then in effect

• All statements and answers must be true and complete

• All application parts, supplements, questionnaires, amendments, and any required exams must be completed and received by the home office

• Maximum conditional insurance coverage: $100,000, or $50,000 for Living Promise, and never more than the amount applied for

• If the application is not approved and accepted within 60 days of the effective date of the receipt, conditional coverage ceases and liability is limited to return of premium paid

Financial Underwriting Guidelines

Income Replacement Amounts

• Under age 30: 40x annual earned income

• Ages 30–39: 35x annual earned income

• Ages 40–49: 30x annual earned income

• Ages 50–59: 20x annual earned income

• Ages 60–64: 10x annual earned income

• Ages 65+: 7x annual earned income

Income replacement is generally not considered over age 66 unless the individual is actively at work or a surviving spouse may lose a larger spousal Social Security or pension benefit.

Other Financial Underwriting Notes

• Non-Working Spouse: Usually equal to the amount in force and applied for on the breadwinner; if no active or pending life coverage exists, the maximum allowed is $100,000 total combined in-force coverage

• Business Insurance: Simplified underwriting is available; face amounts over $100,000 usually require additional information and the Employer Owned Form if the business is owner or beneficiary

• Key Person: Generally 5–10x earned income plus bonuses; ownership interest may allow adding the appropriate percentage of company net income

• Buy/Sell: Coverage should generally be proportional to ownership interest, and financial statements or buy/sell agreements may be required

• Charitable Giving: Limited to Living Promise; the foundation or charitable institution cannot be the owner of the policy

Maximum Total Combined Coverage Amounts

• Ages 18–50: $550,000

• Ages 51–60: $450,000

• Ages 61–75: $350,000

• ADB Rider maximum combined limit: Ages 18–25 = $100,000; Ages 26–60 = $250,000

• Child Rider maximum combined limit: $10,000 per child

• Simplified whole life coverage maximum: $50,000

• Maximum combined graded benefit coverages: $25,000

Ownership and Beneficiary Rules

Acceptable owner/beneficiary relationships include:

• Spouse, fiancée, domestic partner

• Parent

• Adult child

• Life insurance trust

• Business or business partner

Acceptable beneficiary-only relationships include:

• Estate

• Siblings

• Grandparents and grandchildren

• Close relatives by marriage, including in-laws and step-relations

• Ex-spouse

Acceptable contingent beneficiary relationships include:

• Other distant relatives such as aunts, uncles, nieces, nephews, and cousins

• Friends

Any other owner/beneficiary relationships will not be approved.

Power of Attorney (POA)
An application signed by someone holding POA is not an acceptable authorization for issue on these life policies.

Prescription Drug Exclusions

Term Life Express or IUL Express
If the proposed insured currently takes any of the following medications, include the reason for use on the application. Additional medications or combinations may be added at the carrier’s discretion.

• Abacavir, Adcirca, Aggrenox, Alkeran, Amiodarone, Ampyra, Anoro Ellipta, Antabuse, Aricept, Arimidex, Atripla, Avonex, Azilect, Baraclude, Betaseron, Calcium Acetate, Campath, Campral, Caprelsa, Carbidopa/Levodopa, Casodex, Cellcept, Chlorpromazine Hcl, Clozapine, Cognex, Combivir, Copaxone, Crixivan, Cyclosporine, Cytoxan, Daliresp, Digitek, Digoxin, Dobutamine Hcl, Donepezil, Droxia, Eligard, Eliquis, Enbrel, Epivir Hbv, Ergoloid Mesylates, Exelon, Femara, Floxuridine, Fluorouracil, Galantamine Hydrobromide, Gammagard, Gamunex, Gengraf, Geodon, Haldol, Haloperidol, Hepsera, Humira, Hydrea, Hydroxyurea, Infergen, Invega, Invirase, Isentress, Kalydeco, Keytruda, Lanoxin, Latuda, Leucovorin Calcium, Lexiva, Lithium, Megestrol Acetate (Megace), Methadone, Methotrexate, Mitomycin, Morphine Sulfate, Mycophenolate Mofetil, Myfortic, Nabi-Hb, Naloxone Hcl, Naltrexone Hcl, Namenda, Neupogen, Opdivo, Panretin, Pegasys, Peg-Intron, Perphenazine, Prograf, Ranexa, Razadyne, Rebif, Retrovir, Revia, Revlimid, Ribavirin, Risperdal, Rituxan, Sandimmune, Saphris, Sinemet, Spiriva, Stalevo, Stribild, Suboxone, Sustiva, Symbyax, Tamoxifen, Targretin, Teslac, Tudorza, Tysabri, Viracept, Viramune, Viread, Xarelto, Xeljanz, Zenapax, Zerit, Ziagen, Zidovudine, Zoladex, Zyprexa

Living Promise Whole Life
The following medications are not eligible for Living Promise coverage. Medications marked with an asterisk may qualify for the graded benefit product.

• Abacavir, Alkeran, Amiodarone*, Ampyra*, Anoro Ellipta*, Antabuse*, Aricept, Atripla, Avonex*, Azilect*, Betaseron*, Calcium Acetate*, Campath, Campral*, Caprelsa, Carbidopa/Levodopa*, Casodex, Cellcept, Chlorpromazine Hcl*, Clozapine*, Cognex, Combivir, Copaxone*, Crixivan, Cyclosporine, Cytoxan, Daliresp*, Donepezil, Droxia, Eligard, Epivir Hbv, Ergoloid Mesylates, Exelon, Floxuridine, Fluorouracil, Galantamine Hydrobromide, Gammagard, Gamunex, Gengraf, Geodon*, Haldol*, Haloperidol*, Hydrea, Hydroxyurea, Invega*, Invirase, Isentress, Keytruda, Latuda*, Leucovorin Calcium, Lexiva, Lithium*, Megace, Megestrol Acetate (Megace), Mitomycin, Mycophenolate Mofetil, Myfortic, Naloxone Hcl*, Naltrexone Hcl*, Namenda, Neupogen, Opdivo, Panretin, Perphenazine*, Prograf, Ranexa*, Razadyne, Rebif*, Retrovir, Revia*, Revlimid, Ribavirin*, Risperdal*, Rituxan, Sandimmune, Saphris*, Sinemet*, Spiriva*, Stalevo*, Stribild, Suboxone*, Sustiva, Symbyax*, Targretin, Teslac, Tudorza*, Viracept, Viramune, Viread, Zenapax, Zerit, Ziagen, Zidovudine, Zoladex, Zyprexa*

Living Promise Additional Information Required
If the proposed insured currently takes any of the following medications, include the reason for use on the application:

• Abilify, Aggrenox, Arimidex, Baraclude, Carvedilol, Clopidogrel, Coreg, Coumadin, Digitek, Digoxin, Eliquis, Enoxaparin Sodium, Femara, Infergen, Lanoxin, Lovenox, Pegasys, Peg-Intron, Plavix, Pradaxa, Seroquel, Tamoxifen, Truvada, Warfarin, Xarelto

Occupations
Some occupations may be declined for life coverage and the DI Rider.

• Law enforcement hazards such as narcotics, vice, bomb squad, undercover work — Decline for Life and DIR

• Military aircraft crew or hazardous activities such as diving, parachuting, explosives, hazardous material exposure — Decline for Life and DIR

• Federal/government hazardous activities such as explosives, bomb disposal, hazardous material exposure — Decline for Life and DIR

• Hazardous work such as steeplejack, tower erector, structural steel, explosives, or heights above 49 feet — Decline for Life and DIR

• Private duty nurse, CNA, elderly caregiver, or home health aide — Accept for Life, Decline for DIR

• Occupational travel outside the U.S. to areas of active war, political unrest, or terrorism — Decline for Life and DIR

Avocations
The following are not allowable with simplified underwriting:

• Motor sports racing

• Boat racing

• Parachuting

• Skydiving

• Hang gliding

• Base jumping

• Rock or mountain climbing

Foreign National and Immigrant Residency Policy

Permanent Residents Living Permanently in the United States

• Must possess a valid Permanent Resident Card

• Must have lived in the U.S. for at least 12 continuous months

• Must have a minimum annual income of $20,000 from U.S.-based assets, entitlement benefits such as Social Security or pension benefits, or U.S.-based employment

• Income from SSI or SSDI cannot be included

• Must complete the Foreign National and Foreign Travel Questionnaire, L5719_0107

Temporary Visa Holders Living in the United States

• Acceptable visas: E-1, E-2, H-1B, H-4, L-1, L-2

Term Conversion Guidelines

• Clients can convert eligible Term Life Express policies to a new permanent policy within face amount, issue age, and risk class guidelines for the permanent product

• Conversion can occur through the last conversion date shown on the policy data page

• Term Life Express policies issued prior to May 1, 2014 are not eligible for conversion

• No evidence of insurability is required

• Partial conversions are available as long as minimum face amount requirements are met

• We cannot convert term coverage into an existing universal life policy

• Riders are not automatically carried over

Products Available for Term Conversions

• IUL Express — minimum face amount $25,000

• Whole Life (conversion only product) — minimum face amount $5,000

Substandard Conversions

• IUL Express is not available for a substandard term conversion

• Term conversions with a rate up must convert to a UL product that allows for a rate up, such as AccumUL Answers, Income Advantage IUL, or Life Protection Advantage IUL

Rider Conversions

• Riders on the conversion policy must already exist on the term policy

• Disability Waiver of Premium is not guaranteed convertible and requires a signed statement that the client is not disabled and is performing normal occupational duties

• Accidental Death Benefit and Children’s Riders are guaranteed convertible if available on the new permanent product

• Other Insured Rider can be converted into a separate permanent policy at the insured’s current attained age

Submitting Applications / Contact Information

• Mailing Address: Mutual of Omaha, 3300 Mutual of Omaha Plaza, Omaha, NE 68175

• Fax: (402) 997-1804

• New Applications Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

• Requirements Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

• Risk Assessment Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

• Risk Assessment Phone: 888-624-1173

• Underwriting Support: 1-800-775-7896

• iGO e-App Support: 1-800-641-6557

• Sales Support: 1-800-693-6083